Tier 1 is the first round of business credit accounts that your business will apply for. Remember, not all business credit accounts report to the business credit bureaus. By applying for specific accounts that report and approve without a personal guarantee, you are starting to establish your business credit. Just like establishing your personal credit, your initial business credit accounts aren’t always the most desirable, but they are simply the first step.

Welcome to Tier 1! You need at least 3 trade accounts reporting on your business credit reports to qualify for the accounts in the next tier, “Tier 2”. Please scroll down to apply and make purchases with trade accounts that report to the business credit bureaus if you have not already.

Keep in mind the items discussed in Step 1 so that you can have the best success in approvals with the below trade accounts and success with them reporting.